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The company has received the proposal from the promoter(s)/promoter(s) group as regards delisting of equity shares of the company from BSE, Riddhi Siddhi Gluco Biols said in a filing.
As of September 30, 2017, the promoters held 74.82% stake in commodity chemicals Company. Of the remaining 25.18% stake, the public shareholders held 10.08% holding, followed by Stuti Trademart Private (7.69%), Siwana Agri Marketing (3.5%) and bodies corporate (2.56%), the shareholding pattern data shows.
Till 11:53 AM; around 6,143 shares changed hands and there were pending buy orders for 15,867 shares on the BSE.
The stock is trading under ‘X’ category. The BSE had merged the groups XC and XD into new group X with effect from December 1, 2017. Three sub segments -- XC, XD and XT -- were launched in November 2015 considering companies specific characteristics such as low to moderate market capitalisation, lower contribution to overall trading turnover.